Benefitfocus, Inc.
BNFT
BNFT was delisted on the 23rd of January, 2023.
105 hedge funds and large institutions have $1.21B invested in Benefitfocus, Inc. in 2018 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 38 increasing their positions, 27 reducing their positions, and 13 closing their positions.
100% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 13
41% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 27
25% more call options, than puts
Call options by funds: $2.31M | Put options by funds: $1.85M
21% more capital invested
Capital invested by funds: $1B → $1.21B (+$209M)
14% more funds holding
Funds holding: 92 → 105 (+13)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$14.9M |
| 2 |
PC
Polar Capital
London,
United Kingdom
|
+$11M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$8.87M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$6.37M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
+$6.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$28M |
| 2 |
MWNA
Marshall Wace North America
New York
|
-$10.1M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$8.74M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$6.06M |
| 5 |
Two Sigma Investments
New York
|
-$4.59M |
BNFT Hedge Fund Activity: Q3 2018 in Review
105 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Benefitfocus, Inc. (BNFT) for Q3 2018, worth a combined $1.21B — up 21% from $1B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new BNFT positions and 13 closed out — a net gain of 13 holders — while 38 added to existing stakes and 27 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $14.9M. The largest seller was Frontier Capital Management, cutting an estimated $28M.
- 105 institutional investors held Benefitfocus, Inc. (BNFT) as of Q3 2018, up from 92 in Q2 2018.
- Funds reported $1.21B of Benefitfocus, Inc. stock for Q3 2018, up 21% quarter-over-quarter.
- 26 funds opened new Benefitfocus, Inc. positions in Q3 2018 and 13 closed out, a net change of +13 holders.
- The largest Benefitfocus, Inc. buyer in Q3 2018 was Fidelity Investments, an estimated $14.9M added.
- The largest Benefitfocus, Inc. seller in Q3 2018 was Frontier Capital Management, an estimated $28M sold.
Based on aggregated 13F filings for Q3 2018.